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Masters in Management in Canada
If you want to work in the management field and are looking for ways to advance your career, a Master in Management(MIM) is a promising degree to help you achieve your goals. MIM is starting to become quite a popular choice among international students looking for outstanding work chances, similar to MBA.
A Masters's in Management degree in Canada is a program developed for students who desire to build a name for themselves in leadership positions. It equipped the next generation to be flexible thinkers, well-rounded innovators. It determined to make a big difference in the business management sector of society.
Table of Contents
- Masters in Management in Canada: Course Highlights
- Why Executive MBA In Australia For International Students?
- Who Should take Master in Management Courses in Canada?
- TOP Universities for Masters in Management in Canada
- Cost of Studying Masters in Management in Canada
- Tuition Fees
- Cost of Living in Canada
- Eligibility Criteria to Study Masters in Management in Canada
- Exams Required to Study Masters in Management in Canada
- Scholarships to Study Masters in Management in Canada
- Jobs after Masters in Management in Canada
- How to Apply for Masters in Management in Canada?
Masters in Management in Canada: Course Highlights
|
Program |
Masters program |
|
Course |
Masters in Management |
|
Duration of the Course |
9 months - 2 years |
|
Eligibility |
A bachelor's degree from a recognized university is required. Some colleges have a minimum GPA requirement, so applicants should double-check.The candidate must achieve the required score on an English language proficiency test such as IELTS, TOEFL, or PTE. A legitimate GRE or GMAT score is required by universities. Also, 2 Recommendation Letters (LORs) may be needed. Some institutions may require a minimum of 2-3 years of work experience. |
|
Entrance Exams |
GMAT, GRE, TOEFL |
|
Tuition Fees |
20.8 lakh (6,300 CAD) |
|
Jobs |
Risk Manager, project Manager, management consultant, etc. |
|
Average Salary |
150,000 CAD |
Why Masters in Management in Canada?
Unlike the MBA in Canada, applicants do not require any prior work experience to participate in this master's program in Canada. Master in Management in Canada has lower tuition rates for international students and a wider choice of post-graduate professional options. Also, over the last decade, there has been a 49 percent growth in the number of master in Management graduates worldwide.
Who Should take Master in Management Courses in Canada?
Canada is an excellent choice for Indian students or any other international student interested in pursuing a master's degree in management while studying abroad. In recent years, Masters in Management Courses have grown in popularity. According to research, the number of MIM graduates has increased by 48% in the last ten years.
TOP Universities for Masters in Management in Canada
|
University Name |
QS World Ranking |
City |
|
University of British Columbia |
46 |
Vancouver |
|
University of Toronto |
26 |
Toronto |
|
McGill University |
27 |
Montreal |
|
University of Windsor |
701 |
Windsor |
|
University of Waterloo |
149 |
Waterloo |
|
University of Calgary |
235 |
Calgary |
Cost of Studying Masters in Management in Canada
The average annual tuition expense for a Masters in Management at a Canadian university is roughly 55,000 CAD. This is estimated to be 32 lakhs per year for Indian students. These costs can be reduced by applying for one of Canada's several master's degree scholarships.
Tuition Fees
|
University Name |
Program |
Duration |
Tuition fees in INR |
|
University of Toronto |
Analytics |
10 months |
51.36 lakhs |
|
McGill University |
Supply chain management |
12 months |
25.5 lakhs |
|
University of Windsor |
Human resource management |
16 months |
33.3 lakhs |
|
University of Manitoba |
International finance |
12 months |
26.4 lakhs |
|
University of British Columbia |
Strategic management |
9 months |
30.7 lakhs |
Cost of Living in Canada
Aside from tuition, international students must also consider housing, transportation, meal plans, and other additional expenses.
The average cost of living in Canada for International students is given below:
|
Kind of Expenses |
Amount in CAD |
|
Accommodation |
900 |
|
Restaurant meal |
25 |
|
Health Insurance |
150 |
|
Transportation |
160 |
|
Miscellaneous expenses |
300 |
Eligibility Criteria to Study Masters in Management in Canada
- A four-year undergraduate degree with a 76 percent average.
- Applicants will need to submit a GMAT score or a GRE score.
- IELTS minimum overall score of 7.4 is required.
- TOEFL minimum overall score of 99 or more.
Exams Required to Study Masters in Management in Canada
|
University Name |
Accepted Exams |
Minimum Band Requirement |
|
University of Lethbridge |
GMAT |
550 |
|
University of Manitoba |
GMAT |
550 |
|
HEC Montreal |
GMAT |
630 |
|
McGill University |
GMAT |
550 |
|
Odette School of Business |
GMAT |
520 |
Scholarships to Study Masters in Management in Canada
|
Name of the Scholarship |
Details |
Eligibility |
Amount in CAD |
|
University of Manitoba Graduate Fellowships |
Academic scholarships for brilliance in any field in the University of Manitoba. |
Must be an international student |
14000 |
|
Asia Top Talent Scholarships |
This Scholarship is available at Sauder School of Business, University of British Columbia. |
Must be an international student |
35000 |
|
Derrick and Lytta Pereira Prize |
This scholarship is for international students of the university of Lethbridge. |
Must be an international student |
1500 |
|
HEC Montreal Scholarship |
This scholarship is an entrance Scholarship for international students in HEC Montreal. |
Must be an international student |
4000 |
Jobs after Masters in Management in Canada
For many international students, Canada is a place of opportunity. Multiple sectors of the industry might be chosen for a career after Masters in Management in Canada due to the large range of specialties offered.
Some of the career opportunities after graduating is:
|
Job Profile |
Salary in CAD |
|
Assistant Manager |
145,000 |
|
Assistant Director |
143,000 |
|
Corporate Director |
170,000 |
|
Chairman of a Board |
250,000 |
|
Branch Manager |
150,000 |
|
Business Development manager |
170,000 |
How to Apply for Masters in Management in Canada?
- Visit university's official website and look over the prerequisite requirements for studying masters in management.
- Create an account by clicking on your university of choice's application page.
- On your registered phone number, you will then receive an email or SMS with login details and verification.
- You should then fill in all your personal information using the login information provided (date of birth, gender name, etc.)
- The cost of an application typically varies by the university and its location in Canada, and it can be paid through online banking. You can simply select your course and then pay your application fee online.
- Fill out and submit your application form carefully.
- It is important to fill in your academic qualifications and any other supporting documentation that may be required of you.
- Selected students may be invited to participate in a virtual interview by some Universities and colleges.
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